In a business acquisition, the purpose of the letter of intent is to ensure there is a “meeting of the minds” on price and key terms before both parties expend significant resources and legal ...

Think of the letter of intent (LOI) as a starting pistol. Once fired, the acquisition process begins, and it’s all hands on deck to complete the acquisition as quickly and easily as possible ...

Many small business owners set up a credit account with their suppliers to give them up to 90 days to pay for their supplies. To apply for credit, many suppliers ask for a letter of intent.

A letter of intent (LOI) outlines the terms of a deal and serves as an “agreement to agree” between two parties.

How to Write a Letter of Intent When Applying to a Graduate Program Research-oriented graduate programs (Masters and PhD) often require applicants to submit letters of intent.

Completion of a business combination with the Target is subject to, among other matters, the completion of due diligence, the negotiation of a definitive agreement providing for the transaction ...

In addition to outlining the key business terms of a proposed transaction, such as the purchase price, letters of intent should identify key legal terms. This will help ensure that buyer and ...